Sernova Corp. (OTCMKTS:SEOVF) Sees Significant Growth in Short Interest

Sernova Corp. (OTCMKTS:SEOVFGet Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 223,000 shares, an increase of 49.7% from the December 15th total of 149,000 shares. Based on an average trading volume of 125,100 shares, the short-interest ratio is currently 1.8 days.

Sernova Trading Down 3.6 %

SEOVF traded down $0.01 during mid-day trading on Friday, hitting $0.15. 9,708 shares of the stock were exchanged, compared to its average volume of 31,646. The firm’s fifty day moving average is $0.16 and its two-hundred day moving average is $0.18. Sernova has a 1-year low of $0.14 and a 1-year high of $0.51. The company has a market cap of $49.44 million, a PE ratio of -2.51 and a beta of 1.17.

Sernova (OTCMKTS:SEOVFGet Free Report) last posted its quarterly earnings results on Monday, December 23rd. The company reported ($0.01) earnings per share (EPS) for the quarter.

Sernova Company Profile

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Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.

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